Payout / Remittance Deductions

More information on what is deducted of your payout

What Are The Deduction Made From My Payout
OJMD will deduct the following from your payout or money collected from the customer On October 29, OJMD announced changes coming to its fees.  Thes...
Mon, 4 Jan, 2021 at 9:37 PM
Are There Any Payout Charges For Local Banks?
We payout via online transfers. Some back does have charges for transfers made online. If there is a fee by the bank, we will deduct the fee from your payou...
Sat, 22 Aug, 2020 at 9:21 PM
Where Is The Insurance Fee Based On?
The insurance fee is based on the shipping fee also known as the Courier fee.  ** Update** On October 29, OJMD introduced a new update on FEES.  The...
Fri, 30 Oct, 2020 at 2:01 AM
Are There Any Payout Charges For Foreign Clients / Banks
We pay foreign clients or foreign banks via wire transfer or PayPal. There are also charges when using these payment gateways. The charges will be transferr...
Sat, 22 Aug, 2020 at 9:16 PM
What Is Insurance Fee?
This is a protection fee against damages to your packages. If a customer receives a damaged package, we will be replacing that item for you with no other co...
Fri, 30 Oct, 2020 at 2:01 AM
What Is Courier / Shipping Fee Charged?
The shipping fee is not defined by OJMD. In our product listings, we only provide you with average shipping estimates from the couriers. The final fees will...
Thu, 22 Oct, 2020 at 2:38 AM
Does Courier Fee In The SOA Contain Shipping And Other Fee?
Yes, the courier fee is generally any fee charged by the courier.  It usually appears in your SOA. See the screenshot below:
Thu, 22 Oct, 2020 at 2:40 AM
How Much Is The Insurance Fee?
The insurance fee is now a FLAT RATE of PHP25.00. This will take effect from November 1, 2020. Our old insurance fee was 1% or PHP50 - Whichever higher.  ...
Fri, 30 Oct, 2020 at 2:03 AM